The Business Standard's Smart Investor (SI) reports focus on in-depth analysis and timely news concerning strategic investment trends, business deals, and financial manoeuvres within the corporate world.
The Business Standard's Smart Investor (SI) reports focus on in-depth analysis and timely news concerning strategic investment trends, business deals, and financial manoeuvres within the corporate world.
The S&P BSE Sensex jumped 629 points or 1.79 per cent to settle at 35,779, with HeroMoto Corp being the top gainer and Asian Paints the worst performer on the index.
The stock up 3.5% to Rs 1,485 on BSE, after the cement manufacturer, said that its board approved Rs 30 billion expansion plan.
The stock dipped 6% to Rs 2,536 on the BSE in intra-day trade on back of heavy volumes.
Shares of NBCC rose as much as 6 per cent to Rs 52.90 apiece in intra-day on the National Stock Exchange (NSE) on Wednesday after the company received Letter of Award (LoA) from the government
The stock rallied 5% to Rs 3,195 trading at its highest level since September 24, 2018, on the BSE.
Nifty PSU Bank index was up 1.3% at 2,919 at 09:24 am, rallying 6% from its Tuesday's intra-day low level of 2,747.
In the equity market, the frontline indices staged a dramatic recovery on Tuesday after a dismal start post the initial outcome of states election verdict.
Here's a look at the top stocks that may remain in focus today -
The broader market indices overperformed their benchmark peers, with the S&P BSE MidCap index rising 1.5 per cent to end the day at 14,669, while the S&P BSE SmallCap index rose 1.5 per cent at 14,059
Nifty PSU Bank index was up 2.5% at 2,876 at 02:35 pm, recovering 5% from its intra-day low of 2,747 on the NSE.
The stock moved higher by 6.4% to Rs 458 on BSE after the company announced that its JV has received USFDA nod for tapeworm infection treatment drug.
The S&P BSE MidCap index was trading 23 points higher at 14,469, with Colgate (Palmolive), Glenmark and Havells being the top contributors to the index.
Tata Steel hit an 18-month low of Rs 493, down 2%, falling for fifth straight trading session on worries over slower demand.
The domestic unit on Monday tumbled 50 paise to close at 71.32 as nagging worries on global trade war front and uncertain crude prices hurt forex market sentiment.
Here's a look at the top stocks that may remain in focus in today's trading session -
Among sectoral indices, the Nifty Bank index settled 1.9 per cent lower weighed by Axis Bank, Punjab National Bank and ICICI Bank.
Adani Transmission, Adani Power, Adani Enterprises, Adani Green Energy, Adani Gas and Adani Ports and Special Economic Zone of Adani Group stocks were down in the range of 3% to 7% on the BSE.
The stock slipped 6% to Rs 258 on Monday, extending its previous week's 10% decline, after the rating agency ICRA on Friday downgraded cash-strapped airline's long-term ratings from 'B' to 'C'.
Shares of Ashoka Buildcon rose as much as 11 per cent to Rs 133 apiece on National Stock Exchange (NSE) in intra-day trade on receipt of Letter of Acceptance (LoA) from Rail Vikas Nigam Limited (RVNL)
Coal India, ONGC, NTPC, Sun Pharma, Tata Motors, Tata Motors DVR and Vedanta were among seven stocks from the S&P BSE Sensex hit 52-week lows today.